One of the committers have submitted VHS patches, so there is a community of one so far. :-)
Currently it can decode to black and white I think.
I am very interested also. I bought a high end consumer JVC deck unopened in box, just for this purpose in the future. But the thing is, only the mechanical transfer needs to be good, and the heads OK, the rest of the machine need not be high end at all. It really has the potential to get better VHS rips than any pro lab today in existence can achieve.